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$560,000

Beds
5
Baths
4.5
sq ft
4,300

15007 Terrace Oaks Dr, Houston, TX 77068

15007 Terrace Oaks Dr

Houston, TX 77068

  • 46 days on market
    • Price drop $15,000↓
This beautifully updated home combines the charm of an older build with detailed mill work and modern amenities, offering 5 spacious bedrooms and 4.5 baths, including attached mother-in-law quarters. The home boasts an expansive attic with walk-in access and a large game room, complete with a pool table. The master suite features an ensuite bathroom and a custom-built master closet. You'll find two staircases, two fireplaces, and two wet bars—one on each floor—providing ample space for entertaining. The well-lit office includes built-in shelving, and the recently remodeled kitchen is a chef's dream, equipped with stainless steel appliances, granite countertops, and a large island with a cooktop. The sizable utility room offers extra storage and space for a second refrigerator or freezer. Outside, the backyard serves as a serene oasis with a covered patio, heated pool, hot tub, and mature trees that offer beautiful views and ample shade. Great layout for multi-gen family!

Details

Property type

Single Family Residence

Est. home value

$529,683

Lot size

0.27 acres

Price per sq ft

$131

Year built

1985

Annual property taxes

$11,687

Monthly HOA fee

$49.75

Price History

12/14/2024
Houston

Houston #23608327

Price change
$560,000
-2.61%
11/06/2024
Houston

Houston #23608327

Listed
$575,000
11/04/2024
Houston

Houston #82201871

Removed

Schools & Community

Elementary school: 

PAT REYNOLDS ELEMENTARY SCHOOL

Middle school: 

EDWIN M WELLS MIDDLE SCHOOL

High school: 

WESTFIELD HIGH SCHOOL

School district: 

Spring

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$172,534
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$342,666
Cash to seller
$172,534

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

April 2022

Original loan amount

$360,000

Est. remaining balance

$342,666

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Michael Olario and Adrienne C Olario

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 12:45 AM

Listing updated: 12/14/2024 at 6:58 AM

Listed by: Elvonda Kennedy-Young, eXp Realty LLC Phone #: (888) 519-7431

MLS: Houston #23608327

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